Questions about Winning at Spread Betting and Money Management


General Spread Trading Questions and Feedback - Many questions are answered in 2 to 3 days, but please allow up to 1 to 2 weeks occasionally. We receive large volumes of email, so please don't hesitate to re-send your message if there is no answer initially:
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The market has definitely shafted me, being a newbie and getting too greedy. I'm always buying at the wrong time...
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How do you avoid trading on impulse?
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I am tearing myself up over this one - was going to buy last week but hoped for a drop before dipping in...
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Should a profit ever be allowed to become a loss no matter how small either may be?
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How do you avoid panicking and selling at the worst possible time?
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What do you think about setting targets each month, say 100 points to start and then build up the points target using the same stake until the pot increases?
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I'm looking for a spread betting company that will hold the trade open until I choose to close it, with me incurring the daily interest to keep the trade open, but without it closing each night...
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Is there a company which permits me to be long and short of the same instrument at the same time, in the same account?
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A few weeks ago you mentioned RHM. Personally, I wouldn't touch RHM with a barge pole. It just doesn't feel right to me.
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I have heard mention, and read on numerous occasions, that it is not wise to over-trade. But...how does one define over-trading? Examples would be appreciated.
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Can you recommend a book or perhaps a method of how one might develop patience (in the trading sense)?
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How can I get exposure on Oil?
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Any thoughts on Oil stocks?
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What is Contango and Backwardation?
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How does Contango affect ETF's prices?
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Contango means that in a rollover from say Mar to May a contract can lose 15% if the front month price of oil stays the same due to the wide contango...
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I am long on Mar exp (18/02) but the Apr spread is some $6 odd higher - surely the gap has to close before Mar expiry date?
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Do you know of any product that tracks the oil price without it being open to contango and backwardation?
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How can SOIL and LOIL be down at the same time, something wrong there?
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Why should I be wary of investing in a leveraged exchange traded fund?
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What is the difference in buying ETFS leveraged nickel (LNIK) and ETFS Nickel (NICK)?
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Wine as an investment?
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'CMC DO spike their spread to take out stops. They do this because in many cases they are not laying off your bet but taking a position against you...'
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But then what about that spike I saw in the daily FTSE rolling bet compared to the cash index market!?
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Do spread betting providers manipulate the stops to get hit?
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The FTSE 100 spiked massively when the Dow suddenly wiped 1000 points from the market and my spreadbet was closed out!
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Do the bid/offer spreads offered by spread betting companies vary from company to company?
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Doesn't betting on shares leave firms at the mercy of insiders?
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Is it possible to make a living from spread betting/trading?
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What kind of capital would you need to make a living at this, say £2k a month?
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I don't see spreads as the path to a massive change in one's financial status...
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Do you really need to have a residual income stream or can you make a living using your capital?
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I have recently started spread betting having spent months studying the subject but I have already lost £300 within 1 week!
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Why do most investors lose money?
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Why do so many spread bettors lose money?
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Why do so many FTSE spreadbetters lose money?
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I've lost too much money day trading the FTSE...
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Do not trade INDICES, it's just a lottery...
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I am afraid that my wife has become addicted to spread betting. Won't talk about it...
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I owe £9.5k on margin call from few months ago which I have no hope of repaying :-( It is now going to court...
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I wonder what percentage of spread betters are successful long term?
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What attributes are necessary for success in financial spread betting? Also, are there are any traits that could hinder success?
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What are some of the behaviors of successful traders?
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How do I encourage good trading habits?
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Are there any beliefs that good traders have?
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What is harder: 1) letting profits run or 2) let a losing trade run?
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Isn't trading a zero-sum game?
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Money Management. Is it that important?
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But why are discipline and money management important?
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I want to know how do you define discipline? What is it that I must do to get it?
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How do you get/improve discipline in trading?
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How do you calculate your risk of ruin?
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Why is it so important to preserve your capital?
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Ok, I've read a lot about money management but I don't have a 10k plus a/c. The concept of risking not more than 2% is impossible...
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I started with £300 and now make an average of £100 pounds a week I have a target of £20 a day with £1 a point...
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Is it possible to earn a living from this without any qualifications/experience in this field of business?
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How much do you need to research everyday to day trade?
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But how many hours a week do you dedicate to trading?
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The market I'm looking to trade is open during the night!
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My goal is not to be someone who is staring at charts all day...
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I'm doing loads of money spread betting but the thought of sitting in front of a computer and trading for the rest of my life depresses me...!
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I have REALLY bad shopping habits. I buy everything I want and don't save a penny...
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How important is timing when I'm investing passively for the long run?
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I'm afraid I lost an opportunity not having invested when the Dow was at the 7900 level...
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What if I just buy the FTSE 100 as a spreadbet and keep holding?
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I've just turned 18 and looking to invest in a fund - but which fund to go for?
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What constitutes a good trading plan?
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Most traders devise a 'trading plan' based on nothing more than a couple of 'indicators'...
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When making a trade, how much background research do you do? Have you got a strategy?
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How do you get ideas to develop your system/strategy?
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Should you buy or use a trading system?
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Why is that most commercial trading systems don't work?
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I have recently been reading about KISS Trading strategies. Do they really work e.g. MTF with EMA 200?
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Tell me more about the KISS concept?
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Does Dollar Cost Averaging as an investment strategy really works?
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How important is luck?
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How much does luck play a part in a successful trader, if it does at all!?
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Why is compounding so important?
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Should you sell in May and go away?
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Should I buy in November?
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Do you think you could turn a profit of £1500 net a month from a £2k pot?
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Have you ever heard of any successful and rich person by spread trading?
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Is it possible to turn £10,000 pounds into £100,000 pounds in 1 year?
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Is it possible to become a millionaire spread betting?
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Why do so many traders fail in this business?
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What makes a successful trader?
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Do you need to have a special talent to be good at trading?
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What type of people make the best trader?
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Are there any games which could help me improve my trading skills?
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What do you think is the biggest obstacle to a successful experience as a private trader?

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